Income Tax Calculator is an online tool that calculates the Income Tax Payable by an individual(Salary or Business Income). This online Income Tax Calculator is a very important tool which helps an individual to know his tax liabilities in a few seconds.
Income Tax Calculator
This Online Income Tax Calculator calculates the Tax liabilities of an individual having Salary or Business Income or both .
Income Tax Calculator Frequently Asked Questions(FAQs)
| Who Can use this Income Tax Calculator? |
| This Income Tax Calculator can be used by an individual having Salary or Business Income or both. |
| Which One is the Default Tax Regime from FY 2023-24? |
| New Tax Regime(without exemptions) is the Default Tax Regime from FY 2023-24. |
| What is the Tax Slab as per New Tax Regime for FY 2023-24? |
| Tax Slabs for FY 2023-24 as Per New Tax Regime : upto 3L : NIL, 3L-6L : 5%, 6L-9L : 10%, 9L-12L : 15%, 12L-15L : 20%, Above 15L : 30% |
| Upto How much Income in new Tax Regime is Tax Free? |
| Using Tax Rebate under Section 87A, an individual having an income upto 7L will have NIL Tax liabilities. |
